DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - To HalfLotus, zaku, and other anti-Fed obsessives: Judge orders Fed's FOIA disclosure

**ZIDouglas** · 08-31-2009, 11:38 PM

“There are numerous examples of financially sound institutions collapsing or suffering further financial deterioration from the loss of public confidence.” This is a blatant doublespeak. We're talking about banks that got Fed "bailouts", in which case they weren't financially sound. Nor are/were institutions suffering from 'further deterioration'.

08-31-2009, 11:38 PM	#8
ZIDouglas Join Date Oct 2005 Posts 472 Senior Member	“There are numerous examples of financially sound institutions collapsing or suffering further financial deterioration from the loss of public confidence.” This is a blatant doublespeak. We're talking about banks that got Fed "bailouts", in which case they weren't financially sound. Nor are/were institutions suffering from 'further deterioration'.
	Quote